Tag - gbp

GBP: more strength to come?
GBP: more strength to come?

The British pound has been notably strong over its peers recently. Will that lead to quick exhaustion of bulls? Not really. Read the article to know why.

USD strengthens, S&P 500 takes a break on Friday
USD strengthens, S&P 500 takes a break on Friday

Yesterday, S&P surged to the all-time high of 3960, driven by Biden’s $1.9 trillion relief bill. Today the stock index has taken a break. Meanwhile, the US dollar is edging higher today, pressing down its peers.

USD softened on Tuesday
USD softened on Tuesday

The US is set to deliver $1.9 trillion stimulus. Nasdaq retreated after Monday’s deep slump. Oil dropped because of an attack on the crude terminal in Saudi Arabia.

S&P down, WTI oil up while OPEC+ meets on March 4
S&P down, WTI oil up while OPEC+ meets on March 4

S&P made a significant dip down while the WTI oil price moves upward this Thursday; we are expecting news from the OPEC+ about the oil supply increase. Will it go higher or lower than expected? That'll eventually drive the oil price in either direction - prepare your levels.

AUD jumped on positive GDP
AUD jumped on positive GDP

Australian GDP rose by 3.1%, exceeding analysts’ forecasts of 2.5%. The Australian dollar climbed after the release, but then joined its peers in falling against the USD.

Risk assets are starting  week on rise
Risk assets are starting week on rise

Risk assets are recovering after a losing streak in the previous week as progress in the extra US stimulus package improved the market sentiment.

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